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Home Q & A Board Other Fields Homework Help Business Economics
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Chako Chako
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8 years ago
The difference between nominal and real interest rates is that
A) real interest rates can fluctuate, while nominal interest rates always remain fixed.
B) nominal interest rates can fluctuate, while real interest rates always remain fixed.
C) nominal interest rates are measured in monetary terms, while real interest rates are measured in terms of a country's output.
D) real interest rates are the same in every country, while nominal interest rates are different for every country.
E) nominal interest rates are measured in terms of a country's output, while real interest rates are measured in monetary terms.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 178 times
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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